With $14 million Series A Round Led by Greylock Partners, Figma
Brings Visual Design Tools into the 21st Century

December 03, 2015 10:05 AM Eastern Standard Time

SAN FRANCISCO--(BUSINESS WIRE)--Figma, the world’s first professional-grade, online tool created
specifically for interface design officially launched today, introducing
a new way for creative teams to collaborate on web and app interface
design projects entirely in the browser. Any team interested in
experiencing the future of real-time, collaborative design without
sacrificing processing power or creative control, can request immediate
access at figma.com.

“For years software has been moving away from the operating system and
into the cloud, where everything from simple word processing to advanced
project management has become accessible online, and collaborative in
real-time. But design software hasn’t caught up -- it is offline and
isolated,” said Dylan Field, co-founder and CEO of Figma. “Designers
want to work differently; forced to email around files, wondering if
they are looking at the most recent versions, but the underlying
technology required to create a professional design tool online didn’t
exist -- until now.”

Figma is professional-grade software built specifically to create
interface design projects directly in a web browser. It offers the speed
and stability of powerful legacy design programs like Adobe, but with
the versatility and collaborative flexibility of online apps like Google
Docs. With Figma, design becomes shareable across teams no matter where
the members are located.

Move completely online. Built using WebGL, Figma helps designers
work more seamlessly by moving the entire process onto the web. Designs
remain secure but become inherently shareable, as simple as sharing a
link to the project. Based on owner authorization, team members can
review or edit shared designs on any operating system. No more time is
wasted exporting, uploading, emailing, and downloading stale files. And
version control is no longer an issue, as designs are constantly saved
and updates readily available to review or modify.

Powerful collaboration tools. Figma is making the future of
design more collaborative and efficient, allowing teams to work together
no matter where each member is physically located. Collaborative tools
including real-time comments and notifications, as well as colors and
asset libraries are built directly into each project on Figma. Soon the
platform will expand to enable simultaneous editing, where multiple
collaborators can edit the same design at the same time.

Built for interface design. Interfaces are living, fluid and
dynamic; Figma was built to tackle the specific challenges inherent to
this medium. By moving the process into the browser, Figma allows teams
to review projects in real world circumstances, using real use case data
on different devices. Figma integrates powerful interface design tools
including flexible grid and constraint systems, easy data integrations,
and live device preview as easy as one click.

Figma was founded in 2012 by Brown classmates Dylan Field and Evan
Wallace, when Field was named to Peter Thiel’s “Thiel Fellowship”
program for young entrepreneurs. To date, the company has raised $18
million, including its latest $14 million Series A round led by Greylock
Partners. The company raised a seed round in 2013 of $4 million led by
Danny Rimer at Index Ventures, who also participated in the Series A.
Additional investors include OATV, ICONIQ, LinkedIn CEO Jeff Weiner,
White House Chief Data Scientist DJ Patil, Wealthfront CEO Adam Nash and
Former Head of Design at Dropbox Soleio Cuervo. Greylock’s John Lilly
has joined Danny Rimer on Figma’s Board of Directors.

“Design has become a core function across industries, and yet years
later, there is still a massive gap between where design tools are and
where they should be. Today, we work together in real-time, and we
collaborate using web-based tools,” said John Lilly. “Figma brings
design online; it’s hard to overstate how much this will fundamentally
change the way teams design together. ”

“Designers should have more time to create beautiful interfaces and
waste less time dealing with annoyances like updating teams,
transferring files, and cleaning up countless versions of the same
project. And we also believe that powerful design tools should be made
accessible to any budget,” said Field. “Right now we’re inviting design
teams to test us out for free during our Preview Release, and provide
feedback so that we can continue to refine Figma into the default tool
for interface design. We want to learn how teams use the tool so we can
introduce appropriate and accessible pricing that is the best value in
the market.”

ABOUT FIGMA

Figma has developed the world’s first professional-grade, online tool
specifically for interface design. It brings the power and stability of
professional design software directly into the web browser so that
design teams can create collaboratively, in real-time. The company was
founded in 2012 by Dylan Field and Evan Wallace, and launched its
flagship design program in late 2015.